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<blockquote data-quote="moreluck" data-source="post: 945072" data-attributes="member: 1246">Re: ObamanomicsIf a report says the&nbsp; oil company had an increase of 69% in profits, that does not mean that their profit was 69%. People go crazy nuts, but if Apple reports a 95% increase in net profits , it&#039;s all good.&nbsp; The oil companies earn around 8.3 cents on every dollar invested (about)Pharms. earn 18.4 centsBeverage &amp; Tobacco earn 19.1 cents Why do people not want a certain industry to earn a 9% profit?&nbsp; If there are subsidies, stop the subsidies then. Planned Parenthood makes plenty also, so stop gov&#039;t funding to them too.&quot;But if you take a closer look at each dollar invested and how much is earned, Dougher said the oil industry earns a lot less than some other major industries. API says its members earn about 8.3 cents per dollar invested, compared to 18.4 cents for pharmaceutical manufacturers and 19.1 cents for beverage and tobacco producers.&quot;<a href="http://abcnews.go.com/Business/PainAtThePump/story?id=4749343&amp;page=1" target="_blank">Should the Oil Industry Make a Profit? - ABC News</a></blockquote>

[QUOTE="moreluck, post: 945072, member: 1246"] [b]Re: Obamanomics[/b] If a report says the oil company had an increase of 69% in profits, that does not mean that their profit was 69%. People go crazy nuts, but if Apple reports a 95% increase in net profits , it's all good. The oil companies earn around 8.3 cents on every dollar invested (about) Pharms. earn 18.4 cents Beverage & Tobacco earn 19.1 cents Why do people not want a certain industry to earn a 9% profit? If there are subsidies, stop the subsidies then. Planned Parenthood makes plenty also, so stop gov't funding to them too. "But if you take a closer look at each dollar invested and how much is earned, Dougher said the oil industry earns a lot less than some other major industries. API says its members earn about 8.3 cents per dollar invested, compared to 18.4 cents for pharmaceutical manufacturers and 19.1 cents for beverage and tobacco producers." [url=http://abcnews.go.com/Business/PainAtThePump/story?id=4749343&page=1]Should the Oil Industry Make a Profit? - ABC News[/url] [/QUOTE]

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